Steel, in February slight tendential flexion production

Steel in February slight tendential flexion production

(Finance) – nethe month of February the national production of steel, equal to 1.8 million tons, hA slight descent (-0.8%) in the annual comparison is markedafter the recovery signal shown in January. Reports it Federacciai in a note.

In the first two months of the year, the production volumes, attested at 3.5 mt, cumulated a growth of 1.2% on the same period of 2024.
The two families of hot laminate In the last month they show differentiated trends: long in contraction and growing plans.

In detailor, the production of long decreased by 6.0% on February 2024, a decline that follows +2.6% in January, stopping at 1.1 m the output of the plans, with 785 thousand t., has recorded a 14.3% increase on an annual basis, only partially recovering the braking of the same month of 2024. Since the beginning of the year the two sectors have consolidated in the case of long a 2.3% reduction for a total of 1.9 meters, while for plans a 6.1% increase reaching 1.6 meters

(Photo: © Yulia Grogoryeva/123rf)

tlb-finance